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Asian Insulators PCL (BKK:AI) Cyclically Adjusted PB Ratio : 0.99 (As of Jun. 08, 2024)


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What is Asian Insulators PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Asian Insulators PCL's current share price is ฿3.98. Asian Insulators PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿4.02. Asian Insulators PCL's Cyclically Adjusted PB Ratio for today is 0.99.

The historical rank and industry rank for Asian Insulators PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:AI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.82   Max: 4.28
Current: 1.01

During the past years, Asian Insulators PCL's highest Cyclically Adjusted PB Ratio was 4.28. The lowest was 0.99. And the median was 1.82.

BKK:AI's Cyclically Adjusted PB Ratio is ranked better than
73.86% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs BKK:AI: 1.01

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Asian Insulators PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿3.235. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ฿4.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Insulators PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asian Insulators PCL's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asian Insulators PCL Cyclically Adjusted PB Ratio Chart

Asian Insulators PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 2.49 1.95 1.56 1.09

Asian Insulators PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.23 1.20 1.09 1.05

Competitive Comparison of Asian Insulators PCL's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Asian Insulators PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asian Insulators PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asian Insulators PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Insulators PCL's Cyclically Adjusted PB Ratio falls into.



Asian Insulators PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Asian Insulators PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.98/4.02
=0.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Asian Insulators PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asian Insulators PCL's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.235/131.7762*131.7762
=3.235

Current CPI (Mar. 2024) = 131.7762.

Asian Insulators PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.238 100.560 2.933
201409 2.192 100.428 2.876
201412 3.148 99.070 4.187
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 3.370 99.792 4.450
201603 3.481 100.470 4.566
201606 3.290 101.688 4.263
201609 3.361 101.861 4.348
201612 3.433 101.863 4.441
201703 3.459 102.862 4.431
201706 3.146 103.349 4.011
201709 3.117 104.136 3.944
201712 3.238 104.011 4.102
201803 3.357 105.290 4.201
201806 3.299 106.317 4.089
201809 3.437 106.507 4.252
201812 3.522 105.998 4.379
201903 3.584 107.251 4.404
201906 3.107 108.070 3.789
201909 3.252 108.329 3.956
201912 3.464 108.420 4.210
202003 3.702 108.902 4.480
202006 3.443 108.767 4.171
202009 3.684 109.815 4.421
202012 4.054 109.897 4.861
202103 4.225 111.754 4.982
202106 3.708 114.631 4.263
202109 3.590 115.734 4.088
202112 3.807 117.630 4.265
202203 3.937 121.301 4.277
202206 3.574 125.017 3.767
202209 3.271 125.227 3.442
202212 3.309 125.222 3.482
202303 3.348 127.348 3.464
202306 3.178 128.729 3.253
202309 3.097 129.860 3.143
202312 3.156 129.419 3.213
202403 3.235 131.776 3.235

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Asian Insulators PCL  (BKK:AI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Asian Insulators PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Asian Insulators PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Asian Insulators PCL (BKK:AI) Business Description

Traded in Other Exchanges
N/A
Address
No. 254 Seri Thai Road, Kannayaow, Bangkok, THA, 10230
Asian Insulators PCL is engaged in the electronic components business sector. It is engaged in producing and selling porcelain insulators and electrical equipment. The company operates in various segments are Sale of Porcelain Insulators and Component and Construction Undertaking. The sale of Porcelain Insulators and Components generates maximum revenue for the company. It manufactures products in the categories of low voltage, medium voltage, and high voltage. The company operates in the Thailand region. It is also engaged in the sale of biodiesel and vegetable oil and by-products.